Key Prebiotics Market Player, Dynamics, Comprehensive Analysis, Business Growth, Key Drivers, and Opportunities
Global Prebiotics Market Overview:
Prebiotics are substances used in assisting in digestion of
foods and promotion of gut health. Inclination towards healthy foods and
awareness of gut bacteria can fuel its demand. The global prebiotics market report
by Market Research Future (MRFR) contains drivers and hurdles intended to
enlighten industry manufacturers for the period of 2023 to 2032 (forecast
period). The impact of the COVID-19 pandemic on its supply and value chain has
been explored in detail in the report and included with strategies and
suggestive measures.
Market Scope:
The global Prebiotics
Market is projected to reach USD 10.13 Billion by 2032 at a CAGR
of 11.20% over the forecast period. It is expected to perform exceptionally
owing to consumption of healthy foods and drinks. Huge demand for dietary
supplements and functional foods is likely to boost demand for prebiotics among
consumers. Prebiotics are a source of food for bacteria in the gut and enhance
gut health. Change in lifestyles, hectic schedules of consumers, and prevalence
of lifestyle diseases are major drivers of the market.
But low awareness of these products and unavailability in
certain countries can restrict the market growth.
Segmentations:
The global prebiotics market is segmented into type and
application.
Based on type, the market has been segmented into
galacto-oligosaccharides, inulin, fructo-oligosaccharides, and others. The
inulin segment dominated the market with a market share of exceeding 37% share
in 2018. Benefits in its consumption for aiding weight loss, constipation, and
trimming high blood fats can foster segment growth during the forecast period.
Fructo-oligosaccharides are expected to gain traction in the market owing to
the need for sweeteners to act as viable replacement for sugar. Consumption of
breakfast cereals, bakery items, and confectionery are likely to spur the
segment growth in the global prebiotics market.
Based on application, the market has been segregated into
functional food & beverages, dietary supplements, and others. The
functional food & beverages segment has been further segmented into
breakfast cereals, dairy products, infant nutrition, beverages, and others.
Dietary supplements are expected to generate revenue at a CAGR of 10.0% during
the forecast period. Its consumption with daily intake of food can drive the
segment growth.
Regional Analysis:
Region-wise, the global prebiotics market has been segmented
into North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Europe dominated the global prebiotics market in 2018 and is
expected to register a CAGR of 9.2% during the forecast period. Germany,
France, and the U.K. are the major countries in the region triggering the
demand for prebiotics. Awareness of prebiotic ingredients and preference of
consumers to healthy diets are factors dominating the regional market growth.
The APAC prebiotics market is expected to be highly
lucrative for market players operating in the prebiotics market due to the
rapid growth of the food industry in this region. Moreover, the entry of new
market players, awareness of functional foods, prevalence of major debilitating
health issues, and a large patient pool are factors which can determine the
growth trajectory of the regional market.
Competition Landscape:
Clasado Biosciences Ltd, BENEO GmBH, Roquette Frères SA,
Cargill, Incorporated, Tereos Starch & Sweeteners SAS, Ingredion
Incorporated, Royal FrieslandCampina NV, Kerry Group PLC, EW Nutrition GmbH,
and Cosucra Groupe Warcoing SA are key players of the global Key
Prebiotics Market Players. Expansion in regions with potential is the
prime strategy of players to sustain their standing. The COVID-19 pandemic has
halted the brakes in production of dietary supplements. But the easing of
production rules during the lockdown period can facilitate in heavy sales and
stimulate market growth.
Related Reports:
Probiotics
Market Research Report Information By Source (Bacteria and Yeast), By
Application (Functional food and beverages, Dietary Supplements, Animal
Nutrition, and Others), And By Region (North America, Asia-Pacific, Europe, And
Rest Of The World) –Market Forecast Till 2032
Craft
Beer Market Research Report: Informationen nach Typ (Ale, Lager, Stouts
und andere), Zutaten (Malz, Hefe, Enzyme, Hopfen und andere), Vertriebskanal
(On-Trade und Off-Trade) und Region (Nordamerika, Europa, Asien-Pazifik und
Rest der Welt) - Prognose bis 2027
ファーストフード市場調査レポート：タイプ別の情報（バーガー/サンドイッチ、ピザ/パスタ、チキン＆アンプ;
シーフード、アジア/ラテンアメリカ料理、その他）、サービスタイプ（イートイン、テイクアウト、ドライブスルー、宅配、その他）および地域-2027年までの予測
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